Posted October 30, 2019
In a few years’ time, offshore wind could power the slot machines at this beachside gambling town.
Driving the news: As I reported for this week's "Axios on HBO,"Danish company Ørsted, the world’s largest developer of this kind of energy, is planning to put nearly 100 massive turbines 15 miles into the Atlantic Ocean that could power a half-million homes — but opposition and delays could stymie that goal and the industry writ large.
The big picture: With New England and mid-Atlantic states enacting aggressive clean-energy policies, offshore wind in the United States promises to help combat climate change and create jobs. The numerous projects in the regulatory pipeline could power nearly 10 million homes.